OT: Which Would You Hold--Mortgage or Gold?

I converted some assets to gold (metal and stocks) some time ago. If I liquidated now I'd just about be at parity with my purchase price, so I'd have to see a rise in price from here to actually make any money.

If gold went to greater than $375/oz. I could liquidate these assets, pay off my mortgage, and even have a bit left over to pay the IRS if it survives. Then I'd be debt free and the only absolute obligation I would have is the rent (er, property taxes).

OTOH, the goldbugs here indicate that I'll be a bazillionaire if I hold the gold.

Personally I'm inclining toward debt reduction, if the price runs that high. What would you do and why?

Well, If on Friday of last week you took $10,000.00 and invested it in
180 December gold calls @ a strike price at 320 your net gain for that
1 transaction would be $138,600.00 at todays closing. Monday it would
have been worth $199,100.00.

All paper will burn within 4 months. Anyone that can't see that the
entire financial system is on the brink of total collapse and is not
buying gold and silver, deserves to loose everything they own. And,
MARK MY WORD, YOU WILL LOOSE EVERYTHING YOU OWN UNLESS YOU BUY AND
TAKE POSSESSION OF SILVER AND GOLD WITHIN THE NEXT FOUR WEEKS. By
November the first 1999 THE CHANCE TO PRESERVE YOUR WEALTH IS GONE
FOREVER. YOU AND YOUR FAMILY WILL LIVE IN POVERTY FOR THE REMAINDER OF
YOUR DAYS ON PLANET EARTH............ guaranteed ........Remember,
you were warned.